Price Reduction
Address
404 E Grand Boulevard Detroit, MI
Price
$ 930,000
Property Attributes
  • ID#2210037983
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet Woodward-Mcclellan-So Mack
  • NeighborhoodFIELDS
  • Zip48207
  • StyleColonial,Duplex,Upper/Lower Apartment
  • Year Built1906
  • Taxes$ 2066
  • Price$ 930,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage3670
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Amin Realty
Data Source:
REALCOMP II LTD.
Property Description

LICENSED AND INSURED INCOME GENERATING GROUP HOME WITH 9 BEDROOMS 4 BATHROOMS! HOME IS OCCUPIED BY 8 RESIDENTS AND LICENSED FOR 18 RESIDENTS! GREAT VALUE ADD BUSINESS OPPORTUNITY FOR ANYONE WITH EXPERIENCE OR ANYONE LOOKING TO GET INTO GROUP HOMES INDUSTRY. BUSINESS IS BRINGING IN CLOSE TO $100K AS-IS YEARLY AFTER OPERATING EXPENCES. BUY AND START EARNING. POTENTIAL TO DOUBLE YOUR EARNING BY ADDING MORE RESIDENTS. 1 OUT OF 3 CURRENT STAFFS ARE WILLING TO STAY ON BOARD WITH NEW OWNERS. ALL RESIDENTS ARE MOBILE AND ABLE TO TAKE CARE OF THEMSELVES. FAMILY OWNED AND MANAGED FOR OVER 20 YEARS! THIS OPPORTUNITY WONT LAST LONG. REACH OUT TODAY FOR MORE DETAILS. LISTING IS FOR PROPERTY AND BUSINESS BOTH. BUYER TO PAY $399 COMPLIANCE FEE TO LISTING BROKER. BTVAI. NO SHOWINGS UNTIL ACCEPTED OFFER.

Price History
5/21/2021 Listed $1,100,000
5/21/2021 16% - $930,000

General Features

Basement Type Unfinished
Construction Materials Brick
Cumulative Days on Market 86
Gross Scheduled Income 143782.00
Heating Hot Water
Listing Agent Public Id 386186
Net Operating Income 85910.00
Ownership Status Private Owned, Short Sale - No
Parcel Number W15I007560S
Property Type Multifamily
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name FIELDS
Terms Offered Cash, Conventional, Warranty Deed
Total Sq Ft 3670
Transaction Type Sale
Year Built 1906
Year Remodeled 2015
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 3
Half Baths 2
Heating Fuel Natural Gas
Total Baths 3.20
Total Units 2

Exterior Features

Architecture Level 2 Story
Architecture Style Colonial, Duplex, Upper/Lower Apartment
Foundation Basement
Foundation Materials Block
Lot Size Area 0.16
Lot Size Dimensions 45.00X155.00
Roof Material Asphalt
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Downriver Homes and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of June 20, 2021 5:35 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48207

Price
AVG $180K
$930K
Taxes
AVG $1,474
$2,066
Visits
AVG 86
62
Year Built
AVG 1912
1906
Walkscore
AVG 45
51
Data Provided by Walkscore ® not using MLS data